BUKIT MERAH LAKE TOWN

Area Intelligence
2022
Median Price
RM 170,000
PSF: RM 121

Residential PSF Trends

Median Price

RM 170,000

PSF: RM 121

BUKIT MERAH LAKE TOWN in Kerian, Perak recorded 2 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 121.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 170K, with most transactions falling within a stable range of RM 150K to RM 190K, and a typical market range of RM 150K to RM 190K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 121, with most transactions between RM 111 and RM 131. The usual range is RM 104.00 to RM 138.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BUKIT MERAH LAKE TOWN, Kerian, Perak

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Transactions

2 transactions grouped by size

1,150 sqft
Condo/Apartment
RM 150,000
Level 1
1,141 sqft · RM 131 PSF
1,700 sqft
Condo/Apartment
RM 190,000
Level 3
1,716 sqft · RM 111 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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